South Korean stocks drop, currency weakens as oil prices push higher
Published on: Wednesday 09 March 2022
South Korea’s benchmark Kospi and the Korean won tumbled on March 8, with surging oil prices triggered by the US-led ban on Russian crude threatening to fuel the intensifying inflationary pressure here. The main bourse Kospi settled 1.09 per cent down from the previous session at 2,622.4, falling for the third consecutive day.
News source: https://www.phnompenhpost.com/business/south-korean-stocks-drop-currency-weakens-oil-prices-push-higher
